Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Pizza Schmizza Franchise Opportunity

Beef O Bradys Family Sports Pub Franchise Opportunity

VooDoo BBQ & Grill Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Profitable Banquet Venue & Restaurant
Location: United States -> Southwest Michigan
Industry: Food and Beverage > Other Food and Beverage




Business Summary

This listing is for a profitable banquet hall and restaurant located on a picturesque golf course in southwest Michigan that's available to a qualified buyer. This business consists of two banquet halls and a restaurant that's exclusive to golfers on the course. The banquet halls are typically used for schools, reunions, weddings, bridals showers, business meetings, anniversaries and much more. There is another section that acts as a restaurant for the golf course during the day and is available for smaller events, business meetings, etc. Over 47 pre-sold events are already on the books for 2016. The main banquet hall has a beautiful, intimate, romantic interior with a large 900 ft dance floor and seats 500. The smaller banquet features gorgeous windows overlooking the golf course allowing for memorable sunsets and a beautiful view. This section seats 150. This is a highly profitable business for the seller that yields a yearly income of over $130,000. In addition, the real estate valued at $750,000 is to be transferred with the sale of the business. Also included in the sale is the rare Class C resort liquor license valued at $300,000. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $1,130,000


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $277,757
Cash Flow:   $136,044
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $640,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1997
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will train the buyer for 4 weeks at no cost.
Reason For Selling:  Retirement.




Print Listing Id: 700227012
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700227012
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.